Property investors who have had real estate in Bowen, 4805 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -16.42%
Bowen,4805 was ranked 2650 in Australia by increase in median property value over the quarter.
Property buyers and investors in Bowen 4805 should be seeing an average reduction in asking price of around -15.65% . This means that Bowen is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $3120 per annum or $260 every week.
If you compare the increase in value of investment property in Bowen, 4805 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.00%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bowen has increased when compared to the 5 year average annual rate.
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.